Company Valuation: Argan

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,629 1,739 1,965 1,536 1,698 1,746 - -
Change - -33.86% 12.99% -21.81% 10.5% 2.85% - -
Enterprise Value (EV) 1 4,325 3,616 3,922 3,236 3,391 3,630 3,629 3,661
Change - -16.39% 8.45% -17.48% 4.77% 7.07% -0.03% 0.86%
P/E 3.92x 18x -7.47x 6.05x 6.88x 9.59x 9.75x 9.11x
PBR - - 1.04x 0.69x 0.71x 0.74x 0.7x 0.69x
PEG - -0.2x 0x -0x -1.72x -0.4x -5.79x 1.29x
Capitalization / Revenue 14.2x 8.79x 8.9x 6.43x 8.01x 7.89x 7.49x 7.21x
EV / Revenue 23.3x 18.3x 17.8x 13.5x 16x 16.4x 15.6x 15.1x
EV / EBITDA 29.4x 24x 22.8x 17.4x 17x 17.4x 16.4x 15.9x
EV / EBIT 29.4x 31x -19.5x 10.7x 11.7x 15.6x 14.8x 14.4x
EV / FCF 41.9x -32.8x 156x 23.3x 27.3x -245x 22.4x 27.9x
FCF Yield 2.39% -3.05% 0.64% 4.29% 3.66% -0.41% 4.46% 3.58%
Dividend per Share 2 2.6 3 3.15 3.3 3.45 3.574 3.687 3.788
Rate of return 2.23% 3.96% 3.7% 5.45% 5.23% 5.27% 5.44% 5.59%
EPS 2 29.7 4.2 -11.4 10 9.6 7.07 6.951 7.441
Distribution rate 8.75% 71.4% -27.6% 33% 35.9% 50.6% 53% 50.9%
Net sales 1 185.6 197.9 220.7 239 212 221.4 233 242.2
EBITDA 1 147.1 150.5 172.1 185.7 199.9 208.3 221.4 230.9
EBIT 1 147 116.8 -201.2 302.2 290.9 233.3 245.2 254.5
Net income 1 668 95.1 -263.5 245.7 245.2 188.8 185.5 190
Net Debt 1 1,696 1,877 1,957 1,700 1,693 1,885 1,884 1,915
Reference price 2 116.40 75.80 85.20 60.50 66.00 67.80 67.80 67.80
Nbr of stocks (in thousands) 22,587 22,940 23,059 25,392 25,721 25,751 - -
Announcement Date 19/01/22 19/01/23 18/01/24 16/01/25 22/01/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.59x16.4x17.43x5.27% 1.94B
33.8x18.26x21.72x3.3% 124B
39.59x15.41x20.08x3.84% 75.7B
38.55x15.18x15.61x5.47% 56.65B
20.13x16.98x19.36x1.03% 41.18B
27.09x11.5x15.93x4.22% 17.02B
14.15x22.88x27.63x3.55% 16.57B
8.85x12.06x14.53x5.9% 14.97B
18.53x16.55x24.28x5.13% 14.52B
30.79x11.4x17.33x4% 13.92B
Average 24.10x 15.66x 19.39x 4.17% 38B
Weighted average by Cap. 31.19x 16.40x 19.84x 3.75%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Argan

Historical PBR trend

Valuation ratios - PBR - Argan

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Argan

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Argan


Year-on-year evolution of the Yield

Valuation ratios - Yield - Argan